Summary
Overview
Work history
Education
Skills
Timeline
DeliveryDriver

SK ABDUL SAYON

Peterborough,CAM

Summary

I am an accomplished professional delivering 18 years of career success in managing IT Projects; encompassing design, scope definition, resource administration, process management and ensuring compliance with quality standards.
My dexterity lies in strategic design and execution of solutions across diverse insurance business domains, encompassing Policy Administration, Claim Processing, Annuity Payouts, Contribution Processing, Transfers, Surrender, Death, Regulatory requirements implementation, Calculations, Screening, Estimation, Finance reporting, and MI reporting.
Over the time, I have proved my excellence in functions and calculations associated with various insurance products, including Defined Benefit, Defined Contribution, Bond, Group Personal Pension, Term Insurance, Joint Life, and Annuity Products. Having navigated through nearly 200 variations of insurance products within the UK Pensions, Annuity, and Life sectors.

Achievements :

• Seasoned expertise in the UK Pensions, Annuity, and Life Insurance domains, contributed to the realms of Requirement Analysis, development, and the seamless implementation of insurance solutions using platforms such as BaNCS and ALPS
• I’ve mastered the administration of delivering solutions that remedy core business issues & position the organization to reach next level of profitability through technology introduction; forged lasting relationships with stakeholders (technology / business)

Overview

11
11
years of professional experience

Work history

Insurance Solution Architect

Tata consultancy Services
12.2019 - Current

Client :Phoenix Life Insurance Limited

  • I am an accomplished professional delivering 18 years of career success in managing IT Projects; encompassing design, scope definition, resource administration, process management and ensuring compliance with quality standards.

  • My dexterity lies in strategic design and execution of solutions across diverse insurance business domains, encompassing Policy Administration, Claim Processing, Annuity Payouts, Contribution Processing, Transfers, Surrender, Death, Regulatory requirements implementation, Calculations, Screening, Estimation, Finance reporting, and MI reporting.

  • Over the time, I have proved my excellence in functions and calculations associated with various insurance products, including Defined Benefit, Defined Contribution, Bond, Group Personal Pension, Term Insurance, Joint Life, and Annuity Products. Having navigated through nearly 200 variations of insurance products within the UK Pensions, Annuity, and Life sectors.
  • Previous experience of working on Mandatory Change projects,
  • Exposure to pensions products charging protocols, processes, regulations,
  • Good knowledge on how UK pension works – especially the charging mechanism,
  • Experience in the Heritage Pension Products (sold 20+ years ago) would be hugely advantageous,
  • Experience dealing with multiple pension products and platforms,
  • Experience working with large UK pension providers,
  • Experience delivering large scale (multi-million) change delivery projects in Life and Pensions sector,
  • Solide background in Regulatory Change,
  • Numerical mindset to support client with charges and charging mechanism,
  • Understanding of Consumer Duty i.e: “Price and Value” pillar.

    Achievements :

    • Seasoned expertise in the UK Pensions, Annuity, and Life Insurance domains, contributed to the realms of Requirement Analysis, development, and the seamless implementation of insurance solutions using platforms such as BaNCS and ALPS
    • I’ve mastered the administration of delivering solutions that remedy core business issues & position the organization to reach next level of profitability through technology introduction; forged lasting relationships with stakeholders (technology / business)
  • Worked in Peterborough United kingdom with following responsibilities :
  • Data transformation requirement analysis for insurance calculation.
  • Taking requirement for new Change Requests and doing feasibility study as per Product structure and based on that pass on requirements to Offshore for implementation or update requirement discussing with Requirement Team
  • Actively participated in every Go Live at Peterborough
  • Working as Onshore BAU Lead and Tech Solution lead in BaNCS BAU changes & data transformation .Upgrade based on customer feedback

Senior business analyst and Change Analyst

TCS
01.2018 - 11.2019

Client :Lloyds Banking Group, LBG



  • Life and Pension Transformation Program to provide end to end service for leading insurance provider in UK in established BaNCS Insurance platform which involves migration of additional 2 million life and pension insurance policies including open book products allowing new business.

    Responsibilities:

    1. Lead requirement gathering workshops/discussions with business stakeholders.
    2. Coordinate with different Insurance work streams for requirement gathering and involvement in joint workshop with business user and IT streams.
    3. Conduct gap analysis and recommend solutions & work with business analysts of other work streams to collate user requirements to clarify.
    4. Analyse existing processes, document as-is / to-be states. Provide solutions for business problems to improve operational efficiency and risk mitigation.
    5. Assess business architecture model for proposed solution to be aligned with business requirements. Decision making on the critical business processes requiring a risk based approach.
    6. Provide clarification to development team liable for sprint development of user stories. Managing Design, Build and Implementation schedules, scope management / change request and process improvement.
    7. Support testing team to define test strategy for SIT and UAT. Manage end-user testing and sign-off.
    8. Code implementation in production along with data migration. Provide post production warranty support to resolve any issue as identified to ensure smooth BAU.
  • Outlined Technical solution document policy data transformation into BaNCS
  • Used Jira for bug tracking
  • Worked on AGILE methodology
  • Fixed defects for application development in production/QA environments, defects were tracked in JIRA tracking portal
  • Aife and Pension Transformation Program to provided end to end service for Aviva book of Business in existing BaNCS platform and migration of 4+ Million policies.

    Responsibilities:

    1. Analyse business request documents of the change requests and identification of the requirement gaps. Conduct gap analysis, recommend solutions & work with business analysts and update the business solution documents
    2. Manage Design, Build and release management of the change request into production.
    3. Manage the system test team of 15 members to perform quality systems testing.
    4. Test case review, validation and business sign-off along with monitoring the test execution progress and test reporting.

Java Developer

TCS
02.2013 - 12.2017

Client :AVIVA

The Client is a leading life insurance company in Australia who is splitting from its parent company. Hence to support business and enhance its capabilities it needs a new platform. TCS is leveraging its product BaNCS to support client’s requirements and is also enhancing its functionalities to build additional capabilities to provide end to end service in agile framework. The product will act as a policy administration system to support both schemes and individual policies.

Responsibilities:

1. Successful design, development and implementation of a testing tool - Integrated Test Harness used for testing calculations developed in BaNCS transformation programme.
 Successful design, development and implementation of the transaction model framework in BaNCS using which a system winds back and forwards the business transactions so that they can be reversed and reapplied.

Education

Bachelor - Technology

West Bengal University of Technology
2009

Skills

  • Database design
  • Unit and automation testing
  • Spring Boot
  • Code reviews
  • Application performance optimisation
  • JUnit
  • Excel proficiency
  • RESTful APIs
  • Spring MVC
  • Java 11
  • Java 8
  • Business requirements matrixes
  • Business analysis
  • Project documentation
  • Programming and design skills
  • Business solutions
  • Customer implementation
  • Data mapping
  • Process analysis
  • Process development
  • Gap analysis
  • Optimizing and performance tuning
  • Maven

Timeline

Insurance Solution Architect

Tata consultancy Services
12.2019 - Current

Senior business analyst and Change Analyst

TCS
01.2018 - 11.2019

Java Developer

TCS
02.2013 - 12.2017

Bachelor - Technology

West Bengal University of Technology
SK ABDUL SAYON